ARTICLE | Financial News

Amyris raises $84.8M in IPO

September 28, 2010 11:45 PM UTC

Amyris Inc. (NASDAQ:AMRS) raised $84.8 million through the sale of 5.3 million shares at $16 in an IPO underwritten by Morgan Stanley; JPMorgan; Goldman Sachs; Banco Itau; and Stifel Nicolaus Weisel. The deal came in below the proposed range of $18-$20 and values the company at $687.7 million. A $19 price would have raised $100.7 million and valued the company at $816.7 million. Amyris was up $0.50 to $16.50 in its first day of trading on Tuesday. ...